Guangdong Chip Semiconductor's IPO application on the ChiNext board has been accepted by the Shenzhen Stock Exchange, with a planned fundraising of 7.5 billion yuan.

Guangdong Chip Semiconductor's IPO application on the ChiNext board has been accepted by the Shenzhen Stock Exchange, with a planned fundraising of 7.5 billion yuan. Of this, 3.5 billion yuan is intended for the third phase of the 12-inch integrated circuit analog specialty process production line project.